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Newport Coast Mansion Sells for $38M | Irvine News
Description
A Newport Coast estate just sold for $38.9 million — the second most expensive home sale in the area this year — featuring over 12,000 sq ft, two structures, six bedrooms, ten bathrooms, and jaw-dropping 280-degree ocean views from its rare double-lot location. Originally built in 2012 by Jennifer Lynn Penske, it’s now owned by Eric Alon, possibly former CEO of Eurostar, a company acquired by Foot Locker for $750M. This sale underscores the relentless demand for luxury coastal real estate, where prime views and exclusivity still pull top dollar.
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